FY2026 EPS Estimates for TSE:REI Raised by Analyst

RioCan Real Estate Investment Trust (TSE:REI) – Research analysts at National Bank Financial boosted their FY2026 earnings estimates for RioCan Real Estate Investment Trust in a research note issued to investors on Thursday, January 23rd. National Bank Financial analyst M. Kornack now forecasts that the company will earn $1.77 per share for the year, up from their previous forecast of $1.76.

RioCan Real Estate Investment Trust (TSE:REI) last released its quarterly earnings results on Monday, November 11th. The company reported C$0.32 earnings per share for the quarter, missing the consensus estimate of C$0.43 by C($0.11). During the same quarter in the prior year, the business posted $0.45 EPS.

Separately, BMO Capital Markets raised shares of RioCan Real Estate Investment Trust from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 18th.

RioCan Real Estate Investment Trust Stock Performance

RioCan Real Estate Investment Trust has a 1 year low of C$10.88 and a 1 year high of C$17.17.

About RioCan Real Estate Investment Trust

Ring Energy, Inc, an exploration and production company, engages in the acquisition, exploration, development, and production of oil and natural gas in Texas and New Mexico. As of December 31, 2021, the company’s proved reserves consisted of approximately 77.8 million barrel of oil equivalent. It also had interests in 18,882 net developed acres and 1,406 net undeveloped acres in Andrews and Gaines counties, Texas; 18,437 net developed acres in Culberson and Reeves counties, Texas; and 13,662 net developed acres and 11,993 net undeveloped acres in Yoakum, Runnels, and Coke Counties, Texas and Lea County, New Mexico.